Social 2022 Summary Highlights Innovation • Offered new products and services to help consumers save on everyday purchases and advance long-term Facilitated over 1.2 million Economic opportunity is core to our mission at PayPal — financial goals through PayPal Rewards, PayPal Savings loans to small- and medium- it influences the products we create and the partnerships and responsible Pay Later solutions. sized businesses (SMBs) we form and enables us to create stakeholder value by • Through our Economic Opportunity Fund’s investments 1.2M since 2013, resulting in expanding our services to meet our customers’ needs. in 19 venture capital funds, we supported over 250 loans access to more than $25 early-stage companies, many with diverse founders. billion in capital, including We are committed to transforming the digital payments $4.2 billion in 2022.22 ecosystem to advance the success of businesses and • Over 1 million accounts enrolled in passkeys since individuals around the world, driving opportunity for launch in October 2022. the underserved and underbanked to support our • Expanded our automated self-service portal globally to Assisted 55 million customers communities and leveraging our platform to promote customers in over 200 markets to help them exercise $20B+ in donating over $20 billion global generosity. This year, we introduced and their individual right to manage their personal data and in funds to nonprofits and enhanced our product offerings to continue to provide marketing choices, as applicable.21 customer merchants, entrepreneurs, consumers and nonprofits donations causes globally. the tools they need to thrive in the digital economy. • Enabled more than $600 million in humanitarian aid and refugee support in Ukraine through PayPal and our partner platforms. In This Section SDGs Reflected in This Section • Promoting Economic Opportunity for SMBs & Entrepreneurs • Advancing Financial Health & Consumer Convenience • Maintaining a Safe Platform for Customers • Creating More Ways to Give 21 Deletion is available in select markets for accounts in good standing that meet applicable record retention timeline requirements. 22 Through PayPal Business Loans and PayPal Working Capital in the U.S., U.K., Australia and Germany.
2022 Global Impact Report | PayPal Page 16 Page 18